Petronas’ captive rating boosted by favourable COR: AM Best
May 18 2022 by InsuranceAsia News
MORE FROM: Ratings
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Korean insurers remain resilient to overseas commercial real estate deterioration: Fitch
- April 23
A steady increase in the release of contractual service margins, driven by sound underwriting performance, will continue to support Korean insurers’ profitability despite volatility in their investment returns, Fitch said.
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Peak Re’s outlook upgraded to ‘stable’ as growth prospects brighten: Moody’s
- April 22
The upgrade from "negative" reflects its view that contagion risk from its parent Fosun International, in the form of strain on its business growth, is unlikely to increase meaningfully.
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MS&AD Group’s outlook stable but acquisition may bring volatility: S&P Global
- April 22
The rating agency has affirmed the carrier's 'A+' rating following revised capital model criteria, but noted that overseas acquisitions could bring volatility to its capital.
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Fitch downgrades outlook for Sinosure, China Taiping group entities after sovereign rating action
- April 16
The negative outlook reflects a potential decline in the willingness and ability of the government to support insurers with weaker standalone credit quality.
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